MANUFACTURING
Ballarpur Industries Charts Revival Roadmap Under New Board
Ballarpur Industries Ltd (BILT), a leading manufacturer of writing and printing (W&P) paper and subsidiary of Finquest Financial group, is charting a revival strategy under its newly constituted board following the successful completion of its insolvency resolution process. BILT is undertaking a comprehensive review of its policies, processes and practices to align with its long-term […]
CW Bureau
·
Apr 16, 2026
MANUFACTURING
Jindal Poly Films Drop Demerger Plan Citing Delays, Market Uncertainty
Jindal Poly Films Ltd (JFPL) has decided to voluntarily withdraw its application related to the demerger of non-woven fabrics business division into its subsidiary with Global Nonwovens Ltd in view of procedural and regulatory delays along with geopolitical uncertainties. Withdrawal limited to regulatory filing The company clarified that the withdrawal pertains only to the application […]
CW Bureau
·
Apr 10, 2026
HOSPITALITY
Thomas Cook Board Clears Demerger Of Resorts Biz Into Sterling Holiday
The board of Thomas Cook (India) Ltd (TCIL) has given its in-principle approval for the demerger of its Resorts and Resort Management business into Sterling Holiday Resorts Ltd (SHRL), along with a subsequent capital restructuring of the former. The proposal is subject to final approval from the National Company Law Tribunal (NCLT). The demerger will […]
CW Bureau
·
Mar 21, 2026
MANUFACTURING
JK Paper Composite Scheme Merged Takes Effect After NCLT Order Filing
JK Paper Ltd said that composite scheme of arrangement involving its wholly owned subsidiaries became effective from March 15, 2026, following the filing of a certified copy of National Company Law Tribunal (Ahmedabad bench) order with the Registrar of Companies. The merger is aimed at consolidating paper and packaging businesses and streamlining the corporate structure […]
CW Bureau
·
Mar 15, 2026
INFRASTRUCTURE
Inoxgfl Group Wins NCLT Bid To Buys Wind World India’s 600 MW IPP
The Inoxgfl Group has emerged as the successful bidder for the acquisition of Wind World India’s Independent Power Producer (IPP) and Operations & Maintenance (O&M) businesses under a resolution process approved by the National Company Law Tribunal (NCLT). The acquisition will be executed through group companies — Inox Clean Energy Ltd’s subsidiary Inox Neo Energies […]
CW Bureau
·
Feb 19, 2026
INFRASTRUCTURE
Jet Airways: From Poster Airline To Case Study In Corporate Collapse
Once synonymous with premium air travel in India, Jet Airways’ downfall stands out as one of the most significant corporate failures in the country’s aviation history. At its peak, the airline represented operational excellence, strong brand equity and global ambition. Yet, a lethal mix of financial overreach, structural weaknesses in India’s aviation sector and delayed […]
Sajan C Kumar
·
Feb 4, 2026
